Disney Visa

[writur]

I have a DV but, I never understood why anyone would want to charge a Disney vacation and then pay it off within 6 months. Why don't people just make their reservation with Disney by putting the $200 down and then pay Disney once a month (or every two weeks or whatever your personal time period) until you pay it off? They only way I can see why anyone would want to charge it is they have no money right now and want to go right now. It baffles me.

I love the 0% APR for six months for Disney vacations. I have the money to pay for the vacation right now, but by charging it to my DV, I can keep that $$ invested and earning interest for half a year. Every little penny in my pocket counts.

The other reasons I got the DV are the $200 bonus ($150 net after the annual fee) -- I prefer cash rewards over travel credits -- and the special M&G at Epcot. My kids are shy, and I'm hoping that meeting the characters in a smaller, more intimate environment might help them.

I will cancel the card (or revert to the free DV if possible) before the next annual fee would hit, and it won't affect my credit at all. I prefer Amex Blue cash for non-Disney purchases.

 

[LuvGoofy6]

I have a question about the Disney Visa~ can I redeem my Disney Rewards dollars to pay my Disney vacation balance down?

 

[smitch425]

I have a question about the Disney Visa~ can I redeem my Disney Rewards dollars to pay my Disney vacation balance down?

Yep

 

[LuvGoofy6]

Thanks smitch for the info and more thanks added for an answer that is exactly what I wanted to hear.

 

[Kshell40]

We have the 49$ year Disney visa. We put as my bills as we can and use it for our monthly expenses. Since most of our purchases are food. Target. Gas we get the 2%. We pay it off like a monthly bill. We usually rack up 800 to 1000 points on about a years time depending if we have other big bills or purchases through the year. For us the 49 yearly fee is great bc we rack up the points. We are disciplined though and pay the balance each month

Also with this
Card points can now
Be used for airfare.

 

[smitch425]

Thanks smitch for the info and more thanks added for an answer that is exactly what I wanted to hear.

Just to clarify, you can use your rewards redemption card to pay on your balance directly to Disney, but not to pay Chase back for a vacation you have charged on your Visa.

 

[NY Pirate Princess]

I have been using the basic Disney Visa for years as my primary credit card. However, the last two major trip deals that have come out have NOT been offered to disney visa holders first, which annoys me. There are also rumors that the meeting spot in epcot will close. Losing perk after perk has led me to investigate other options. I got an American Express from Jetblue and hope to fly two adults out of three for free on the 20,000 bonus points and whatever I can accrue through spending and surveys before the annual fee hits. I am now exploring options through Fidelity to fund an IRA.

I loved the Disney points because it was fun money for a trip without any additional saving, but with the reduction in extra perks and the reality of the low rewards, I'll be switching my primary usage after our trip in 2016. Cash back doesn't work for me since I won't save those extra few dollars, but I think the retirement one will add up over time. Maybe I can use it in retirement to pay for an annual pass!

 

[smitch425]

I have been using the basic Disney Visa for years as my primary credit card. However, the last two major trip deals that have come out have NOT been offered to disney visa holders first, which annoys me. There are also rumors that the meeting spot in epcot will close. Losing perk after perk has led me to investigate other options. I got an American Express from Jetblue and hope to fly two adults out of three for free on the 20,000 bonus points and whatever I can accrue through spending and surveys before the annual fee hits. I am now exploring options through Fidelity to fund an IRA.

I loved the Disney points because it was fun money for a trip without any additional saving, but with the reduction in extra perks and the reality of the low rewards, I'll be switching my primary usage after our trip in 2016. Cash back doesn't work for me since I won't save those extra few dollars, but I think the retirement one will add up over time. Maybe I can use it in retirement to pay for an annual pass!

The meet and greet will not be closing. It will be relocating while renovations take place in Innoventions West, and likely be put into Innoventions East.

 

[once]

Speaking of the Visa cardholders meet and greet, could someone share what their experience was like?

 

[smitch425]

Speaking of the Visa cardholders meet and greet, could someone share what their experience was like?

It's typically two of the Fab 5, rarely does Donald make a appearance. Sometimes you get lucky and have 3. They won't tell you who is in the room before entering. One of my favorite Visa pics (cropped for a FB cover photo)...

 

[LuvGoofy6]

Just to clarify, you can use your rewards redemption card to pay on your balance directly to Disney, but not to pay Chase back for a vacation you have charged on your Visa.

Thank you~ I should have been more clear in my question. I was hoping to be able to use the rewards redemption card to pay my balance directly to Disney and am glad to hear that I can.

 

[once]

It's typically two of the Fab 5, rarely does Donald make a appearance. Sometimes you get lucky and have 3. They won't tell you who is in the room before entering. One of my favorite Visa pics (cropped for a FB cover photo)...
View attachment 91747

What an adorable picture!!! Thank you very much for sharing! I've always wondered if it might be one of the rarer characters who usually doesn't appear in the park

 

[disneydude365]

about how long does it take for the promotional 200$ credit to show up I've read it was instantly posted, however after calling they informed me it could take up to 6-8 weeks!!!

 

[Mersmom98]

about how long does it take for the promotional 200$ credit to show up I've read it was instantly posted, however after calling they informed me it could take up to 6-8 weeks!!!

I'm wondering the same thing. It shows that my statement closed and my dream dollars are showing as $5.56. I was hoping to see the credit but nothing yet. Is it a gift card or is it a credit on your statement?

 

[writur]

I just got my first Disney Visa statement, and the $200 credit was on there. So was the $49 annual fee. Hopefully yours will show up soon!

 

[BStew]

For us, we like that they are rewards that are dedicated to Disney (although with our Visa Signature Premier, we can use the rewards for flights to anywhere). Other rewards on other cards would likely be spent on more practical things than vacation. Our DV was our first credit card, and our only card until a couple of years ago when we got a Target card. We had always been a debit/cash family. When we first got our DV, I would write everything we bought in our check register as if it was already paid. That lasted about 6 months because I was going through them like crazy. Lol! We charge everything possible and pay it off every month. Some months are only $4,000, and some are $9,000. The ONLY way this card works for you is if you pay it in full each month. Also, many people with a DV have other cards as well, and only have the DV for its park and vacation financing perks. We just aren't those people, and we're totally fine with that.

Totally agree with Smitch here! We put everything we can on our DV and the points are adding up quickly! We went last Nov and plan to go Nov 2016 and already have enough for almost all our flights! For me, I love that I know that by using this card, the rewards are dedicated to DW so it guarantees a trip. Might not be the best for everyone, but everyone has their own situation. The $49 charge isn't a big deal for me because of how many rewards we get a year. Just do your research and make the best decision for your family. As with any card though, it's imperceptive to pay each month off COMPLETELY.

 

[Ava]

I have both a regular DV and the Premiere, although I plan to cancel the latter after this trip. We are taking trips two years in a row (2014 & 2015) so it made sense to keep the card open even with the $49 fee. I've been using it for almost all of our daily purchases so have racked up a fair amount of reward dollars towards these two trips. We'll be taking a break after this year though, so it won't make sense to keep paying the fee. I plan to upgrade my current AmEx Blue Cash to the Everyday card that gives 6% back on grocery purchases, and switch to using that as my daily card. I'll keep the regular Disney Visa to use for the in-park perks and (possibly) the 6 months 0% financing when we decide to take a trip again.

For me personally, I'd rather find a few cards that give good bonuses on the things I buy most and stick to those. I just can't keep track of a whole lot of cards and different bonuses, so I end up not getting the full benefit of any of them. In addition to the Disney Visas and AmEx, I have an Amazon.com card that I only use for Amazon purchases (3% back to use on Amazon) and an Amtrak card that I got pre-kids when we used to take the train a lot. I'm hanging onto that one for when the kids are older (i.e. don't need car seats at our destination) and we can start traveling by train again. We don't fly often enough to warrant a CC that only gives miles as rewards.